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Steve Yastrow September 23, 2008 Agency Summit ©  Steve Yastrow, 2008
Consider the potential … Client #1’s name % % Client #2’s name Client #3’s name Your business name
 
Mr. Drucker’s  cosmological constant ,[object Object],[object Object]
How do we develop our customer relationships to benefit our businesses?
The Traditional Way … “ Brute Force Branding” Powerful Message Many Exposures
The average American is exposed to  5000 branding messages each day
 
Communication is not just telling your story … Communication is being understood.
There are three poems in every poem … ,[object Object],[object Object],[object Object]
Brand Harmony – Key Themes ,[object Object],[object Object]
Brand Harmony – Key Themes ,[object Object],[object Object],[object Object]
Brand Harmony – Key Themes ,[object Object],[object Object],[object Object]
Georges Seurat, A Sunday Afternoon on La Grande Jatte, 1884-1886 Brand Harmony
Brand Harmony and business results Customer Beliefs $$$$ Customer Action Brand =  what customers believe
What beliefs will encourage customers to think  “I can’t get it anywhere else” Customer Beliefs $$$$ Customer Action Brand =  what customers believe
What is it that your customers can’t get anywhere else? Products? Services? Experiences? Relationship?
 
“ Customer Relationship” ,[object Object],[object Object]
“ Not two” “ We”
Being invited into the 1 st  person “ We”
We is the strongest brand impression “ We”
Would you rather buy from a business that … 89% 11% Relationships are powerful differentiators You have a relationship with Simply provides the best product or  service when you need it
Which are you more likely to buy from … Businesses that have the best prices Businesses you have a relationship with 21% 79% Relationships are powerful differentiators
Which are you more likely to recommend to others … Businesses that have the best prices Businesses you have a relationship with 14% 86% Relationships are powerful differentiators
Q: Are you in a relationship with this company? Do you give them more business because of that relationship? Kimpton Hotels:  “Yes” = 92% Cold Stone Creamery:  “Yes” = 84% Kimpton Hotels:  74% Cold Stone Creamery:  40% Relationships are powerful differentiators
The building blocks of customer relationships
Every time you interact with a customer, three things can happen … Your relationship gets better Your relationship stays the same Your relationship gets worse “ Encounter” “ Transaction” Customer  interaction
Encounters vs. Transactions ,[object Object],[object Object],[object Object]
After the encounter … A feeling of “with”
Let’s start talking   about email/electronic communication
Typical question I get from middle-aged executives: ,[object Object],[object Object]
 
Electronic communication:  Aim for encounter ,[object Object],[object Object],[object Object]
From Encounter  to Relationship
We today future Relationship  Value
“ Customer Relationship” ,[object Object],[object Object]
“ Customer Relationship” ,[object Object],A continuity of encounters Continual vs. continuous conversations
Memory - The connection between encounters Remember! Be memorable!
“ When” - The rhythm of relationship Manage the ‘when’ … don’t let the ‘when’ manage you
The Ongoing Conversation : The role of email and other  electronic communications Brand Harmony
“ Customer Relationship” ,[object Object],[object Object],“ We”
Steve Yastrow September 23, 2008 Agency Summit ©  Steve Yastrow, 2008

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Exact Target Steve Yastrow 9 23 08

  • 1. Steve Yastrow September 23, 2008 Agency Summit © Steve Yastrow, 2008
  • 2. Consider the potential … Client #1’s name % % Client #2’s name Client #3’s name Your business name
  • 3.  
  • 4.
  • 5. How do we develop our customer relationships to benefit our businesses?
  • 6. The Traditional Way … “ Brute Force Branding” Powerful Message Many Exposures
  • 7. The average American is exposed to 5000 branding messages each day
  • 8.  
  • 9. Communication is not just telling your story … Communication is being understood.
  • 10.
  • 11.
  • 12.
  • 13.
  • 14. Georges Seurat, A Sunday Afternoon on La Grande Jatte, 1884-1886 Brand Harmony
  • 15. Brand Harmony and business results Customer Beliefs $$$$ Customer Action Brand = what customers believe
  • 16. What beliefs will encourage customers to think “I can’t get it anywhere else” Customer Beliefs $$$$ Customer Action Brand = what customers believe
  • 17. What is it that your customers can’t get anywhere else? Products? Services? Experiences? Relationship?
  • 18.  
  • 19.
  • 20. “ Not two” “ We”
  • 21. Being invited into the 1 st person “ We”
  • 22. We is the strongest brand impression “ We”
  • 23. Would you rather buy from a business that … 89% 11% Relationships are powerful differentiators You have a relationship with Simply provides the best product or service when you need it
  • 24. Which are you more likely to buy from … Businesses that have the best prices Businesses you have a relationship with 21% 79% Relationships are powerful differentiators
  • 25. Which are you more likely to recommend to others … Businesses that have the best prices Businesses you have a relationship with 14% 86% Relationships are powerful differentiators
  • 26. Q: Are you in a relationship with this company? Do you give them more business because of that relationship? Kimpton Hotels: “Yes” = 92% Cold Stone Creamery: “Yes” = 84% Kimpton Hotels: 74% Cold Stone Creamery: 40% Relationships are powerful differentiators
  • 27. The building blocks of customer relationships
  • 28. Every time you interact with a customer, three things can happen … Your relationship gets better Your relationship stays the same Your relationship gets worse “ Encounter” “ Transaction” Customer interaction
  • 29.
  • 30. After the encounter … A feeling of “with”
  • 31. Let’s start talking about email/electronic communication
  • 32.
  • 33.  
  • 34.
  • 35. From Encounter to Relationship
  • 36. We today future Relationship Value
  • 37.
  • 38.
  • 39. Memory - The connection between encounters Remember! Be memorable!
  • 40. “ When” - The rhythm of relationship Manage the ‘when’ … don’t let the ‘when’ manage you
  • 41. The Ongoing Conversation : The role of email and other electronic communications Brand Harmony
  • 42.
  • 43. Steve Yastrow September 23, 2008 Agency Summit © Steve Yastrow, 2008